29
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$1,999,999
Est. payment /mo
24 Beds
8 Baths
Active
23 Glen RD Cambridge, ON N1R 4L4
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X13091726
Style 2-Storey
Bedrooms 24
Annual Tax Amount $18,637
Tax Year 2025
Property Sub-Type Multiplex
Property Description
23 Glen Road presents a rare opportunity to acquire a well-maintained 8-plex multifamily investment property comprised of highly sought-after 2-bedroom townhome units. This asset offers strong, stable income supported by long-term tenants and pride of ownership throughout. The property has been carefully maintained over the years, minimizing immediate capital expenditures while providing investors with confidence in long-term performance. An added bonus is the existing government-backed solar contract, creating an additional revenue stream and enhancing overall returns. On-site, a large maintenance building provides ample space for storage, equipment, and efficient property upkeep-an attractive feature for hands-on investors or property managers. Ideally located close to a wide range of amenities including shopping, transit, schools, and everyday conveniences, 23 Glen Road appeals to both tenants and investors alike. A turnkey investment opportunity combining stability, additional income potential, and long-term upside in a desirable rental market.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 8
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Unreserved
Pool None
Roof Type Flat
Lot Frontage 100.0
Lot Depth 149.96
Total Parking Spaces 16
Building
Unit Features Hospital,Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre
Foundation Concrete Block
Others
ParcelsYN No
Listed by CORCORAN HORIZON REALTY
Nearby Locations
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